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Understanding AI, Machine Learning, and RPA in Healthcare Revenue Cycle Management: A Perspective from Frost-Arnett
In the rapidly evolving world of healthcare revenue cycle management (RCM), technology plays an essential role in improving efficiency, reducing errors, and enhancing customer interactions. Two of the most transformative technologies making an impact are Artificial Intelligence (AI) and Machine Learning (ML). These innovations are helping streamline processes, predict outcomes, and enable data-driven decision-making. But understanding the differences between AI, ML, and another related technology, Robotic Process Automation (RPA), can be a challenge. At Frost-Arnett, we are actively utilizing these technologies to improve our operations and customer service. In this blog post, we’ll break down these concepts and explain how they fit into the healthcare RCM landscape.
4 Tips For Managing Expenses to Increase Revenue
While uncovering hidden revenue is always a great way to increase your bottom line, managing your existing expenses may be an even easier and more...
Top Reasons Why Hospitals Fail At Collections
Managing your collections well is a complicated process. Many hospitals fail at collections because they don’t have the proper measures in place to...
3 Ways to Reduce Patient Stress During Collections
Collections can be stressful, especially for patients who do not have the financial means to foot big bills upfront or in a short time period. When...
How to Find Hidden Revenue As A Healthcare Provider
Despite having a rather strict regulatory environment as a healthcare provider, there are still several ways that you can uncover hidden revenue.
3 Medical Bill Collection Solutions to Put Into Place
Having multiple bill collection solutions for your patients to pay you for your services and treatments improves your practice’s accessibility and...
4 Ways to Automate Your Accounts Receivable Management
Accounts receivable management shouldn’t be complicated. However, for many healthcare providers, it unfortunately is. Manual claims management is...
How to Improve Patient Satisfaction About Collections
Most patients inherently think of collections as a painful process. They can probably recall an instance or two where they had a rather unpleasant...
3 Tips for Better Revenue Cycle Management
In the healthcare world, revenue cycle management can be a big headache if efficient processes and systems aren’t in place. From denials to...
Why Healthcare Providers Need Flexible Patient Payment Plan Options
When it comes to collections, providing flexible patient payment plan options is absolutely vital to maximizing your recovery and improving your...
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